Accident Insurance
Group Number: 0073948-1
Highlights
Get benefits for specific treatment and events after a covered accident
Accident insurance pays benefits for specific injuries and events resulting from a covered accident that occurs on or after your insurance effective date. The benefit amount depends on the type of injury you have and the treatment you receive. Accident Insurance is a limited benefit policy. This is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act. For a complete description of your available benefits, exclusions and limitations, see your certificate of insurance and any benefits.
Non-insurance services: the following services are not insurance, and may be discontinued at the request of your employer.
Voya Cares®
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Voya Cares® is not insurance coverage. It is a service offered through the Voya family of companies.
Voya Travel Assistance
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Group Name: Michigan Technological University
Group Number: 0073948-1
Plan documents
Certificates
Review this document for a complete overview of benefits
FAQs
What is Accident Insurance?
Accident Insurance pays you benefits for specific events resulting from a covered accident that occurs on or after the effective date of coverage. The amount paid depends on the type of accident and care received. Accident Insurance is a limited benefit policy. This is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act.
How can Accident Insurance help?
You can use the benefit however you would like. Below are a few examples of how your Accident Insurance benefits could be used:
- Out of pocket medical expenses, such as deductibles and co-pays
- Home healthcare costs
- Lost income due to lost time at work
- Everyday expenses like utilities and groceries
Why should I enroll through my employer?
Premium amounts are deducted from your paycheck, so you don’t have to worry about paying another bill.
Can I purchase coverage for my spouse and child?
Coverage is available for your eligible spouse and your eligible children up to age 26* as defined in the certificate of insurance and riders, if employee coverage is elected.
How much does it cost?
The cost of Accident Insurance varies. Please refer to your enrollment materials or contact your employer.
Do I need to provide health information?
No. Accident Insurance coverage is available on a guaranteed issue basis. Pre-existing condition limitations may apply.
If an employee’s spouse and/or child also works at the company and is covered as an employee, are they also eligible for coverage under the Spouse and/or Child Rider?
No. If your spouse is covered under the policy as an employee, then your spouse is not eligible for coverage under the Spouse rider. Likewise, if your child is covered under the policy as an employee, then your child is not eligible for child coverage under the Child Rider.
This is a summary of benefits only. A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern. To keep coverage in force, premiums are payable up to the date of coverage termination. Accident Insurance is underwritten by ReliaStar Life Insurance Company (Minneapolis, MN), a member of the Voya® family of companies. Policy Form #RL-ACC3-POL-16; Certificate Form #RL-ACC3-CERT16; Spouse Accident Rider Form #RL-ACC3-SPR-16; Children's Accident Rider Form #RL-ACC3-CHR-16; Wellness Benefit Rider Form #RL-ACC3-WELL2-21; Accidental Death & Dismemberment Rider Form #RL-ACC3-ADR-16; Catastrophic Accident Rider Form #RL-ACC3-CAR-16; Off Job Accident Disability Income Rider Form #RL-ACC3-DIR-16; and Sickness Hospital Confinement Rider Form #RL-ACC3-HCR-16. Form numbers, provisions and availability may vary by state.
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Real Life Example
John works full-time, while raising two energetic children and playing in a summer softball league. While sliding into home base, he broke his ankle. Fortunately, John has Accident Insurance through his employer and files a claim. John receives a benefit payment to help pay the unexpected out of pocket medical costs due to the accident – since fractures are a covered injury.
Accident Insurance benefits paid - Example Only1 |
||
| Emergency room treatment | $150 | |
| Follow up doctor treatment | $60 | |
| Medical Equipment | $100 | |
| Fracture(surgical repair)2 | $600 | |
| Xray | $60 | |
| Total benefits paid | $970 | |
1 This is shown as an example only. Actual results may vary. The benefits and amounts shown are based on a level of coverage offered by your employer but are not intended to confirm your coverage. You may have a different level of coverage with different covered treatments and benefit amounts. Average Accident Insurance claim paid from 1/1/2024 – 12/31/2024 was $1,182. For a complete description of your available benefits, exclusions, and limitations, see your certificate of insurance and any riders.
2 Some coverage may refer to Closed Reduction of Fracture = Non-surgical/Open Reduction of Fracture = Surgical.
